Heath's Blog


Texas was #8 in House Price Appreciation in 2007!

Texas made the Top Ten States With Appreciation in 2007. Add to that, the fact that Austin is seen as one of the top twenty cities for forecasted appreciation, and you have a good prognosis for the Texas economy. The Office of Federal Housing Enterprise Oversight (OFHEO) produced an 88 page reports that says Texas real estate sales were number 8 in the list of states that had "...positive four-quarter appreciation" in 2007...".  The report has has lots of positive data.  The list of states and their ranking by appreciation over 2007 is on page 25 of the .pdf report.

80% of the United States had POSITIVE appreciation in 2007 according to the chart page 25 and 26 of the report.  And, of the 291 cities monitored in the report, 65% had appreciation.  Too bad these statistics are being used to say that the real estate market is bad, according to it's title.  This report uses a few different set of statistics to show different aspects of the housing market.

US real estate still provides one of the best available forms of investment for people looking to grow wealth over the long run. Real Estate professionals should be using blogging, newslettering, pressreleasing, emailing, and any other useful method to get this positive news out!

The report can be found at:  http://www.ofheo.gov/media/pdf/4q07hpi.pdf

Happy Selling and Listing!

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Heath Coker, Associate Broker
Robert Paul Properties
www.CapeGroup.com / capegroup@capegroup.com
508-274-5613  Licensed in MA
Its a beautiful day on Cape Cod!
@CapeGroup  Skype: heath.coker

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James Heath Coker | Create Your Badge


Thank you for posting positive news!  It gets very frustrating reading about negative news all the time and never hearing about the positive side of what's happenning in Real Estate.  If you haven't already, check out my blog on the 10-Fastest Growing Real Estate Markets; you may find it interesting as two Texas cities made the list.  I'm trying my hardest to spread the good news and I'm glad others are doing the same!

Posted by Toni House, Realtor, Baton Rouge Real Estate Expert (Keller Williams Realty- Red Stick Partners) almost 12 years ago


Post © 2020 Associate Broker Falmouth MA Cape Cod Heath Coker, Heath Coker Robert Paul Properties Falmouth MA (http://www.CapeGroup.com & http://www.REindex.com). Design © 2020 ActiveRain, Inc. All rights reserved, Inc.

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